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Meta vs. Snap: A Tale of Two Tech Giants
This chapter examines the stark contrasting performances of Meta and Snap, focusing on Meta's successful recovery and Snap's stock decline. It discusses Snap's governance issues, the impact of executive compensation, and the disparity in shareholder voting power that hinders investor engagement. The conversation also highlights Meta's strategic pivot towards AI and effective operating cost management, illustrating the competitive advantages that allow Meta to thrive amidst challenges in the tech landscape.